Plan Ledger DOL Form 5500 · updated monthly

Accurate Castings, Inc.401(k)

ACCURATE CASTINGS, INC. PROFIT SHARING PLAN AND TRUST · LAPORTE, IN · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Accurate Castings, Inc. reported $41,140 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,822 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.21% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 603rd-largest of 1,562 plans among Indiana employers on file, and the 6,281st of 13,661 in manufacturing. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$18,263,003
Participants with balances143
Active participants129
Employer contributions$364,063
Employee contributions$342,470
Employer contribution per active participant$2,822
Average account balance$127,713
Benefits paid to participants$1,561,994
Plan auditUnmodified (clean) audit opinion
AuditorSCHMITT & KAYLOR CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 143 accts · $364K emplr
2023$17.4M · 128 accts · $377K emplr
2022$15.3M · 149 accts · $390K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,846
Investment management$39,294
Total administrative$41,140
The Accurate Castings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,822
Median for plans this size$2,416
2024$2,822 per active participant
2023$2,672 per active participant
2022$2,886 per active participant

Accurate Castings, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
1ST SOURCE BANK · Recordkeeping · Consulting$41,140

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
20241ST SOURCE BANK
20231ST SOURCE BANK

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,140 · 0.23%
2023$35,667 · 0.22%
2022$34,447 · 0.21%
Same employer
Similar plansManufacturing · Indiana
Auburn Gear, LLC IN$18.5M · 0.34%
Micrometl Corporation IN$18.5M · 0.68%
80/20, LLC IN$18.2M · 0.11%
Amatrol, Inc. IN$18.2M · 0.11%
Kountry Wood Products, LLC IN$18.1M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351101257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.